# Tariff fears trigger Chinese buying - Manitoba Co-operator

> Chinese buyers are front-loading Canadian canola purchases ahead of possible anti-dumping tariffs, with exports reaching 2.9 million tonnes against 1.3 million a year earlier. US soybean inspections also reached a four-year high, partly on fears of Chinese retaliation against Trump's proposed tariffs.

- Date: 2024-11-05 · published 2024-11-05T12:00:00.000Z
- Category: trade · region China · magnitude medium
- Page: https://feedsoft.ai/events/27377-tariff-fears-trigger-chinese-buying-manitoba-co-operator
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Canola Meal](https://feedsoft.ai/c/CANMEAL.md)

## Why it matters

Front-loaded Chinese demand supports soybean and canola complex prices in the near term. If tariffs are imposed later, that demand could reverse sharply.

## Read by commodity

- SOY: bullish ▲
- CANMEAL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2018-08-16 | [U.S. grains: Soy climbs as U.S., China plan to restart trade talks - Manitoba Co-operator](https://feedsoft.ai/events/63566-u-s-grains-soy-climbs-as-u-s-china-plan-to-restart-trade-talks-manitoba-co.md) | +0.1% | -4.1% |
| SOY | 2025-10-27 | [U.S. grains: Soy hits four-month high on hopes for China trade deal - Manitoba Co-operator](https://feedsoft.ai/events/22452-u-s-grains-soy-hits-four-month-high-on-hopes-for-china-trade-deal-manitoba-co.md) | +5.6% | +8.0% |
| SOY | 2017-03-01 | [U.S. grains: Wheat ends up three per cent - Manitoba Co-operator](https://feedsoft.ai/events/72050-u-s-grains-wheat-ends-up-three-per-cent-manitoba-co-operator.md) | -1.0% | -5.2% |
| SOY | 2018-12-02 | [Tariff Truce With China Eases ‘Cold War’ Fears](https://feedsoft.ai/events/11524-tariff-truce-with-china-eases-cold-war-fears.md) | +1.7% | +0.0% |
| SOY | 2020-05-01 | [Oilseeds draw strength from China’s recent market action - Manitoba Co-operator](https://feedsoft.ai/events/53246-oilseeds-draw-strength-from-china-s-recent-market-action-manitoba-co-operator.md) | -1.0% | -1.1% |

## Sources

- manitobacooperator.ca: https://www.manitobacooperator.ca/markets/tariff-fears-trigger-chinese-buying/

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.